970 W Santa Cruz St | San Pedro, CA 90731
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970 W Santa Cruz St
San Pedro, CA 90731
10 Units Not Subject to LA City RSO · Multifamily Property For Sale
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10 Units
INVESTMENT HIGHLIGHTS
- Not subject to City of LA (RSO Rent Control) - C of O 1979
- Many upgrades to the building systems, exterior, landscaping, and unit interiors
- Great location for families - Walking distance to schools, places of worship & grocery store
- Very clean 10 unit apartment complex that has been meticulously maintained with excellent curb appeal, 2 separate parcels totaling 12,998 square feet
- 100% occupied with all tenants paying - Huge upside in rental income on all units
- MORE INCOME UPSIDE! Seller has preliminary plans for 2 ADU's. Buyer to verify status with City of Los Angeles as well as feasibility.
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,736 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 2.33/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | R3, Los Angeles - R3 Allows for Future Development of this parcel with possible density bonus! | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 7,736 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.33/1,000 SF |
| Zoning | R3, Los Angeles - R3 Allows for Future Development of this parcel with possible density bonus! |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,305,600 | |
| Land Assessment | $1,468,800 | Total Assessment | $2,774,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,468,800
Improvements Assessment
$1,305,600
Total Assessment
$2,774,400
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